Visa Inc. $V Holdings Decreased by Engineers Gate Manager LP

Engineers Gate Manager LP trimmed its stake in shares of Visa Inc. (NYSE:V) by 91.8% during the second quarter, Holdings Channel reports. The institutional investor owned 9,665 shares of the credit-card processor’s stock after selling 108,877 shares during the period. Engineers Gate Manager LP’s holdings in Visa were worth $3,316,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in V. XXEC Inc. boosted its stake in Visa by 153,118.8% during the 2nd quarter. XXEC Inc. now owns 186,260,448 shares of the credit-card processor’s stock valued at $63,904,097,000 after purchasing an additional 186,138,883 shares in the last quarter. State Street Corp raised its position in Visa by 0.8% in the fourth quarter. State Street Corp now owns 82,798,151 shares of the credit-card processor’s stock worth $29,038,140,000 after acquiring an additional 626,821 shares in the last quarter. Geode Capital Management LLC raised its position in Visa by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 44,042,586 shares of the credit-card processor’s stock worth $15,411,395,000 after acquiring an additional 388,996 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Visa by 1.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 41,092,294 shares of the credit-card processor’s stock valued at $14,411,480,000 after acquiring an additional 716,218 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in Visa by 1.7% in the 4th quarter. Bank of America Corp DE now owns 23,835,336 shares of the credit-card processor’s stock valued at $8,359,291,000 after acquiring an additional 398,459 shares during the last quarter. 82.15% of the stock is currently owned by institutional investors.

Insider Activity at Visa

In other Visa news, insider Tullier Mahon sold 57,272 shares of the firm’s stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $364.97, for a total transaction of $20,902,561.84. Following the transaction, the insider owned 49,662 shares in the company, valued at approximately $18,125,140.14. This trade represents a 53.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Ryan Mcinerney sold 5,875 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $379.65, for a total transaction of $2,230,443.75. Following the completion of the sale, the chief executive officer owned 15,174 shares in the company, valued at approximately $5,760,809.10. This trade represents a 27.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 106,404 shares of company stock valued at $38,228,528 over the last quarter. Corporate insiders own 0.12% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. BNP Paribas Exane raised shares of Visa to a “strong-buy” rating in a research note on Tuesday, July 21st. Cantor Fitzgerald set a $445.00 price objective on Visa and gave the company an “overweight” rating in a research report on Monday, August 3rd. Citigroup reissued a “buy” rating and set a $440.00 price objective (up from $400.00) on shares of Visa in a research note on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $430.00 target price on shares of Visa in a research report on Wednesday, July 29th. Finally, Robert W. Baird increased their target price on Visa from $412.00 to $420.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Seven analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $416.62.

Visa Stock Performance

NYSE V opened at $370.79 on Monday. The company’s fifty day moving average is $365.44 and its two-hundred day moving average is $335.26. The firm has a market capitalization of $661.65 billion, a price-to-earnings ratio of 31.53, a P/E/G ratio of 1.98 and a beta of 0.76. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.99 and a quick ratio of 0.99. Visa Inc. has a 52-week low of $293.89 and a 52-week high of $385.57.

Visa (NYSE:V) last issued its earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share for the quarter, beating the consensus estimate of $3.23 by $0.09. Visa had a net margin of 50.78% and a return on equity of 67.68%. The business had revenue of $11.63 billion for the quarter, compared to analyst estimates of $11.40 billion. During the same period in the previous year, the business earned $2.98 EPS. The firm’s revenue was up 14.4% on a year-over-year basis. Equities research analysts forecast that Visa Inc. will post 13.16 EPS for the current year.

Visa Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were issued a $0.67 dividend. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.7%. Visa’s dividend payout ratio (DPR) is currently 22.79%.

Visa News Roundup

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Blockchain lending opportunity: Visa plans to combine VisaNet settlement data with onchain lending infrastructure, enabling stablecoin-linked card programs and fintechs to obtain working capital more efficiently. Visa reportedly supports more than 160 stablecoin-linked card programs, expanding the potential market for settlement financing and related data services. Visa offers data to back onchain lending
• Positive Sentiment: Stablecoin card adoption: MoneyGram launched a virtual stablecoin-backed Visa card in Colombia, allowing customers to spend dollar-linked balances at Visa merchants and access local cash. A planned physical card and additional markets could provide incremental payment volume for Visa. MoneyGram launches Visa stablecoin card
• Positive Sentiment: Positioning for AI-agent commerce: Visa, Mastercard and Ant International are developing a “Know Your Agent” framework to standardize the identification and onboarding of AI agents making purchases. Common verification standards could reduce friction and help Visa capture transaction volume from autonomous commerce. Payment firms team up on AI agent trust framework
• Neutral Sentiment: Growth versus valuation: Visa’s latest quarterly results showed revenue growth of 14.4% and earnings above analyst expectations, supporting the company’s strong fundamental profile. However, the stock trades at a premium earnings multiple, leaving investors focused on whether future growth and margins can justify the valuation. Is Visa stock expensive or waiting on its margin?
• Negative Sentiment: Execution and sentiment risks: Consumer trust remains a hurdle for AI-powered payments, while competing identity standards could complicate merchant adoption. General Counsel Julie Rottenberg also sold shares through a pre-arranged Rule 10b5-1 plan; the transaction is not necessarily bearish but adds a modest insider-selling headwind. Visa insider trading activity

Visa Profile

Visa Inc is a global payments technology company that operates one of the world’s largest electronic payment networks. The company connects consumers, businesses, financial institutions and governments, enabling transactions through credit, debit, prepaid and commercial payment products. Visa generally does not issue cards, extend credit or set consumer interest rates; instead, it provides the network, technology and services that support payments.

Visa’s products and services include Visa-branded cards, digital payment solutions, tokenization, fraud prevention, risk management, data analytics and payment acceptance tools.